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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (34043)	4/3/2009 2:35:50 PM
From: Suma	Read Replies (1) \| Respond to of 78743

Well my daughter in law bought CMG at it's initial opening and it was then 45 a share. It ran up in the hundreds but had come down. I think in my post I never tried to pass either of them off as value plays. I just have watched tremendous appreciation in both stocks. I think they are over valued but they keep on a metromeric rise.. When the market has a up day CMG can do four points. I rather wanted to know whether in the my posts in the past had anyone took a look at them from my obsession in posting about them (SIC.) and bought them. They would have done well. There are other VALUE stocks here that go nowhere and in fact sometimes VALUE is in the eyes of the beholder and not in valuation. Would you not agree ? No one ever encouraged me to buy them. I had hoped that possibly someone here might to it.. BUT as you say, they do not fit the criteria...value. Yes I am on a fixed income.. However I also go against the grain here too and never bought a car or a home unless I could pay cash. This approach has done well for me. I am 78 and had only one mortgage which I paid off in five year. This was when I was 23.